Bingham Financial Services Corporation Selects the eCredit.com Global Financing Network for Online Loan Approval.WESTWOOD Westwood. 1 Residential town (1990 pop. 12,557), Norfolk co., E Mass., in the greater Boston area; settled 1640, inc. 1897. It has several early 18th-century buildings. 2 Residential borough (1990 pop. 10,446), Bergen co., NE N.J. , Mass.--(BUSINESS WIRE)--Nov. 8, 1999-- Solution Will Help Finance Company Meet Substantial Increases in Loan Applications eCredit.com today announced Bingham Bing·ham , George Caleb 1811-1879. American painter noted for his portraits and genre paintings of the American frontier. Financial Services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. Corporation (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :BFSC BFSC Brake Specific Fuel Consumption (engines) BFSc Bachelor of Fisheries Science BFSC Built From Scratch Clothing (independent garment designers) BFSC Battlefield Functional System Concept ) has selected the eCredit.com Global Financing Network(TM) to provide real-time 1. real-time - Describes an application which requires a program to respond to stimuli within some small upper limit of response time (typically milli- or microseconds). Process control at a chemical plant is the classic example. loan approval decisions. By reducing credit and financing transaction times from days to seconds, the Global Financing Network will help Bingham process a substantial increase in loan applications expected as a result of the company's aggressive expansion into new markets. The eCredit.com Global Financing Network is the first global electronic marketplace that intelligently connects businesses to financing partners and information sources so credit and financing decisions Financing decisions Decisions concerning the liabilities and stockholders' equity side of the firm's balance sheet, such as a decision to issue bonds. can be processed online in real time at the point-of-sale. Bingham is a specialized spe·cial·ize v. spe·cial·ized, spe·cial·iz·ing, spe·cial·iz·es v.intr. 1. To pursue a special activity, occupation, or field of study. 2. financial services company that provides commercial mortgages as well as consumer financing for new and previously ownedbank subsidiary, to be called Bingham Bank. real-time loan approval to our dealer network," said Dan Bober, executive vice president of Bingham Financial Services. "By automating the credit decision process, the eal logic to loan applications in order to make a credit decision. The network provides a safer, quickly scaleable alternative to application software residing on a customer's server because all infrastructure is already in place, includinancing Network will immediately provide applicatFinancial Services Bingham Financial Serigination of both fixed rate and floating rate commercial mortgage loans (through its Bloomfield Acceptance Company and Hartger & Willard subsidiaries). Bingham also services its loans through its Bloomfield Servicing Company subsidiary. The Company's shares are traded on the Nasdaq Small Cap Market under the symbol BFSC. About eCredit.com eCredit.com, Inc. is a leader in the market for real-time credit, financing and related services for e-business through its value-added eCredit.com Global Financing Network. With the Global Financing Network, eCredit.com intelligently connects businesses to financing partners and global information sources so credit and financing decisions can be processed in real time at the point-of-sale. By leveraging sophisticated technology, a diverse portfolio of partners and in-depth financial expertise, eCredit.com helps innovative companies leverage credit and financing to their competitive advantage, win more business, improve profitability and speed time-to-market. eCredit.com is headquartered in Westwood, Mass. For additional information, visit eCredit.com on the Web at www.ecredit.com. The eCredit.com logo and eCredit.com Global Financing Network are trademarks of eCredit.com. |
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